Published at:
Date: 2012-11-14 - Printed at: 2019-09-17 22:14
Copyrights: Ship to Gaza (Sweden), 2019

Gross national product


GNP/C on the West Bank and the Gaza strip 2005-2011. Source: Palestinian Central Bureau of Statistics, National Accounts, Time Series Statistics [2]

During the years of the harsh blockade policy the Gaza strip, economy has in fact been in recession, resulting in a marked decrease in production. Some improvement can be seen after 2010 as the blockade restrictions were somewhat eased, but the production is still on a very low level with income equal to less than 3 dollars a day (compared to 2004 money value) for an average citizen. This results in the area becoming yet more dependent on relief aid.